Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Sees Significant Increase in Short Interest

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQPGet Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 10,884 shares, an increase of 370.8% from the April 15th total of 2,312 shares. Based on an average daily trading volume, of 4,149 shares, the days-to-cover ratio is currently 2.6 days. Approximately 13.6% of the shares of the company are sold short.

Tradr 2X Long Innovation 100 Quarterly ETF Trading Up 1.2%

Shares of Tradr 2X Long Innovation 100 Quarterly ETF stock traded up $2.71 during trading on Thursday, reaching $225.37. The company’s stock had a trading volume of 2,990 shares, compared to its average volume of 2,418. The business’s 50-day moving average price is $177.29 and its 200-day moving average price is $176.63. Tradr 2X Long Innovation 100 Quarterly ETF has a 52 week low of $125.80 and a 52 week high of $226.38.

About Tradr 2X Long Innovation 100 Quarterly ETF

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The Tradr 2X Long Triple Q Quarterly ETF (QQQP) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the Invesco QQQ Trusts (ticker: QQQ-US) quarterly price returns through swap agreements with major global financial institutions. QQQP was launched on Sep 30, 2024 and is issued by Tradr.

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